The World Economy in the 20th Century-Continuity and Change

Conference paper
Part of the German Yearbook on Business History 1981 book series (BUSINESS, volume 1981)


When the Board of the German Historians’ Association asked me to give the concluding lecture on the world economy in the twentieth century at its congress I had to find a way of making at least a few conclusive and well-founded remarks on this vast subject within the space of one hour.


World Economy World Trade Foreign Trade Underdeveloped Country General Economic Condition 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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    The slow-down in growth rates predicted by the model, however, is only apparent in some countries, e.g. The Federal Republic of Germany and Sweden. In the case of the USA and Canada or Belgium for instance, it cannot be established. See U.N.: Statistical Yearbook, 1976, p.676ff.Google Scholar
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    According to Kenwood and Lougheed, p.86, the average annual growth rate in production was 2.1% between 1870 and 1914, while that of world trade was 3.4%. According to Yates, p.31, the index of world exports in 1911/13 was 139 and for industrial production 378 (Base year 1876/80).Google Scholar
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    United Nations, Statistical Yearbook, 1976, p.79–82. Nigeria is the most densely populated country in Africa and babies born there in the first half of the 1970s had a life expectancy of 37 years. In comparison, in Europe the life expectancy for men was at the same time over 65 in every country except Albania, for women, again with the exception of Albania, over 70. In the Scandinavian countries, for example, it was 77.Google Scholar
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    In Germany i.a. Dieter Senghaas: Weltwirtschaftsordnung und Entwicklungspolitik. Plädoyer für Dissoziation. Frankfurt/M., 1977.Google Scholar
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    More differentiated is e.g. Mahbub Ul Haq: The Poverty Curtain. Choices for the Third World. New York, 1976.Google Scholar
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    This refers to the lecture given by the president of the Deutsche Forschungsgemeinschaft, H. Maier-Leibnitz, at the Historians’ Congress, on the subject: Einflüsse der Naturwissenschaft im 18. und 19. Jahrhundert.Google Scholar

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© Gesellschaft für Unternehmensgeschichte e. V., Köln 1981

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